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Source-linked explainers, history, analysis, current affairs and interviews from South African Index.

explainer

Who Founded Capitec?

Capitec Bank was established in 2001. Michiel le Roux served as its founding chief executive, while Riaan Stassen became the key builder of the bank’s early operating model and growth.

history

Who Founded Shoprite — and Who Built It?

Shoprite’s modern growth story began with the acquisition of an existing eight-store chain in 1979. Whitey Basson did not create those original stores, but he led the group from 1979 and built it through expansion and acquisitions.

history

The Founders Who Built South African Retail

Raymond Ackerman founded Pick n Pay; Stewart Cohen and Laurie Chiappini co-founded Mr Price; Whitey Basson built Shoprite after an existing chain was acquired. Their histories show why “founder” is not one universal category.